The market growth is driven by the Increasing adoption of solar energy as a clean and sustainable power source is driving the demand for solar trackers. As solar installations expand globally, so does the market for solar tracking systems. Leading companies are focusing on Increasing Solar Energy Demand, Improved Energy Efficiency, Dual-Axis and Multi-Row Tracking, Hybrid Solar Systems, IoT and Digitalization, Technological Innovation, Integration with Building-Integrated PV (BIPV), and others to boost market shares in the industry.
The solar trackers market has rapidly expanded, driven by the global push for renewable energy. It involves systems that automatically adjust solar panels to follow the sun's path for maximum energy capture. Single-axis and dual-axis trackers are commonly used in various applications. Major players include NEXTracker and Array Technologies. Ongoing technological advancements, government incentives, energy efficiency goals, and decreasing solar panel costs fuel market growth. Challenges include installation costs and land availability. The market's future appears promising due to continued innovation and increasing demand for clean energy solutions.
The market research study provides in-depth insights into leading companies including the SWOT analyses, product profile, financial details, and recent developments across Abengoa Solar S.A., All Earth Renewables, Arctech Solar Holdings Co Ltd, Array Technologies Inc, DCE Solar, DEGERenergie GmbH & Co. KG, Ideematec Deutschland GmbH, Meca Solar, NCLAVE Renewable, S.L., Next Tracker Inc, Power Way Renewable Energy Co. Ltd., Solar Flex rack, Soltec Tracker, SunPower Corp, Titan Tracker, Trina Solar Ltd, and Others.
A key trend transforming the solar trackers market is the increasing adoption of dual-axis tracking systems in utility-scale solar farms. Unlike single-axis trackers that follow the sun from east to west, dual-axis systems adjust both azimuth and tilt angles, optimizing solar panel exposure throughout the day and across seasons. This results in significantly higher energy yield especially in regions with variable sun angles or frequent cloud movement. Developers are favoring dual-axis models for hybrid solar-plus-storage plants and bifacial panel installations, where small gains in efficiency lead to major long-term ROI improvements. As the Levelized Cost of Electricity (LCOE) becomes a central metric for solar competitiveness, precision-tracking solutions are emerging as critical hardware for maximizing per-acre productivity.
The solar trackers market is primarily driven by the need to increase the energy output per panel and reduce the cost per watt, particularly in large-scale solar projects where land is either limited or expensive. Trackers boost system performance by 15–30%, helping developers meet aggressive renewable energy targets without dramatically expanding footprint. Countries with high solar potential but limited usable land such as Japan, the UAE, and parts of Europe are accelerating tracker deployment to extract maximum value from their installations. In addition, policy incentives tied to energy output rather than system size further incentivize the use of tracking technologies. As global competition in utility-scale solar intensifies, tracker integration becomes essential for profitability and regulatory alignment.
A promising opportunity in the solar trackers market lies in the deployment of AI-optimized tracking systems embedded with weather sensors, soil condition monitors, and predictive maintenance algorithms. These intelligent trackers can adapt tilt angles based on cloud cover, wind speed, dust accumulation, or terrain changes to maintain optimal energy capture while minimizing wear. Such systems are particularly valuable in high-wind or sandy regions where traditional mechanical trackers face performance and durability challenges. Vendors that provide modular, IoT-ready trackers with integrated fault detection and autonomous calibration capabilities will meet growing demand from smart grid integrators, energy storage operators, and remote solar farms. As solar infrastructure becomes more digitized, the fusion of data analytics and motion systems will define the next frontier in solar tracking innovation.
In the Solar Trackers Market, the solar photovoltaic (PV) segment is expected to account for the highest revenue in 2025, driven by the explosive growth of PV installations globally and the strong alignment of tracking technology with maximizing energy output. Solar trackers enhance PV system efficiency by orienting panels toward the sun throughout the day, resulting in higher energy yield compared to fixed systems. With utility-scale solar farms expanding rapidly in the U.S., China, India, and Europe, single-axis and dual-axis trackers are being widely deployed to improve project economics. The declining cost of PV modules combined with rising demand for renewable energy is pushing solar developers to adopt trackers for enhanced performance. This segment’s broad applicability and cost-benefit balance position it as the leading technology in the solar tracker market.
In the Solar Trackers Market, the dual axis tracker segment is expected to grow the fastest through 2034, driven by its superior energy yield, efficiency in capturing sunlight throughout the day, and increasing relevance in large-scale utility projects. Unlike single-axis systems, dual axis trackers follow the sun both vertically and horizontally, maximizing exposure and delivering up to 35% more energy output—an advantage critical for high-return solar installations. This technology is gaining traction in regions with high direct normal irradiance (DNI), such as the Middle East, North Africa, and the U.S. Southwest, where maximizing solar harvest is financially and environmentally essential. Technological improvements are making dual axis systems more reliable and cost-effective, while the rise of AI-driven solar optimization platforms is enhancing their operational performance. As global energy markets shift toward utility-scale solar dominance, dual axis trackers are becoming a strategic enabler of efficiency and ROI in next-gen solar farms.
By Technology
By Type
By Application
By Region
* List not exhaustive
Solar Trackers Market Outlook 2025
1 Market Overview
1.1 Introduction to the Solar Trackers Market
1.2 Scope of the Study
1.3 Research Objective
1.3.1 Key Market Scope and Segments
1.3.2 Players Covered
1.3.3 Years Considered
2 Executive Summary
2.1 2023 Solar Trackers Industry- Market Statistics
3 Market Dynamics
3.1 Market Drivers
3.2 Market Challenges
3.3 Market Opportunities
3.4 Market Trends
4 Market Factor Analysis
4.1 Porter’s Five Forces
4.2 Market Entropy
4.2.1 Global Solar Trackers Market Companies with Area Served
4.2.2 Products Offerings Global Solar Trackers Market
5 COVID-19 Impact Analysis and Outlook Scenarios
5.1.1 Covid-19 Impact Analysis
5.1.2 Post-COVID-19 Scenario- Low Growth Case
5.1.3 Post-COVID-19 Scenario- Reference Growth Case
5.1.4 Post-COVID-19 Scenario- Low Growth Case
6 Global Solar Trackers Market Trends
6.1 Global Solar Trackers Revenue (USD Million) and CAGR (%) by Type (2018-2030)
6.2 Global Solar Trackers Revenue (USD Million) and CAGR (%) by Applications (2018-2030)
6.3 Global Solar Trackers Revenue (USD Million) and CAGR (%) by Regions (2018-2030)
7 Global Solar Trackers Market Revenue (USD Million) by Type, and Applications (2018-2022)
7.1 Global Solar Trackers Revenue (USD Million) by Type (2018-2022)
7.1.1 Global Solar Trackers Revenue (USD Million), Market Share (%) by Type (2018-2022)
7.2 Global Solar Trackers Revenue (USD Million) by Applications (2018-2022)
7.2.1 Global Solar Trackers Revenue (USD Million), Market Share (%) by Applications (2018-2022)
8 Global Solar Trackers Development Regional Status and Outlook
8.1 Global Solar Trackers Revenue (USD Million) By Regions (2018-2022)
8.2 North America Solar Trackers Revenue (USD Million) by Type, and Application (2018-2022)
8.2.1 North America Solar Trackers Revenue (USD Million) by Country (2018-2022)
8.2.2 North America Solar Trackers Revenue (USD Million) by Type (2018-2022)
8.2.3 North America Solar Trackers Revenue (USD Million) by Applications (2018-2022)
8.3 Europe Solar Trackers Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)
8.3.1 Europe Solar Trackers Revenue (USD Million), by Country (2018-2022)
8.3.2 Europe Solar Trackers Revenue (USD Million) by Type (2018-2022)
8.3.3 Europe Solar Trackers Revenue (USD Million) by Applications (2018-2022)
8.4 Asia Pacific Solar Trackers Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)
8.4.1 Asia Pacific Solar Trackers Revenue (USD Million) by Country (2018-2022)
8.4.2 Asia Pacific Solar Trackers Revenue (USD Million) by Type (2018-2022)
8.4.3 Asia Pacific Solar Trackers Revenue (USD Million) by Applications (2018-2022)
8.5 South America Solar Trackers Revenue (USD Million), by Type, and Applications (2018-2022)
8.5.1 South America Solar Trackers Revenue (USD Million), by Country (2018-2022)
8.5.2 South America Solar Trackers Revenue (USD Million) by Type (2018-2022)
8.5.3 South America Solar Trackers Revenue (USD Million) by Applications (2018-2022)
8.6 Middle East and Africa Solar Trackers Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)
8.6.1 Middle East and Africa Solar Trackers Revenue (USD Million) by Country (2018-2022)
8.6.2 Middle East and Africa Solar Trackers Revenue (USD Million) by Type (2018-2022)
8.6.3 Middle East and Africa Solar Trackers Revenue (USD Million) by Applications (2018-2022)
9 Company Profiles
10 Global Solar Trackers Market Revenue (USD Million), by Type, and Applications (2023-2030)
10.1 Global Solar Trackers Revenue (USD Million) and Market Share (%) by Type (2023-2030)
10.1.1 Global Solar Trackers Revenue (USD Million), and Market Share (%) by Type (2023-2030)
10.2 Global Solar Trackers Revenue (USD Million) and Market Share (%) by Applications (2023-2030)
10.2.1 Global Solar Trackers Revenue (USD Million), and Market Share (%) by Applications (2023-2030)
11 Global Solar Trackers Development Regional Status and Outlook Forecast
11.1 Global Solar Trackers Revenue (USD Million) By Regions (2023-2030)
11.2 North America Solar Trackers Revenue (USD Million) by Type, and Applications (2023-2030)
11.2.1 North America Solar Trackers Revenue (USD) Million by Country (2023-2030)
11.2.2 North America Solar Trackers Revenue (USD Million), by Type (2023-2030)
11.2.3 North America Solar Trackers Revenue (USD Million), Market Share (%) by Applications (2023-2030)
11.3 Europe Solar Trackers Revenue (USD Million), by Type, and Applications (2023-2030)
11.3.1 Europe Solar Trackers Revenue (USD Million), by Country (2023-2030)
11.3.2 Europe Solar Trackers Revenue (USD Million), by Type (2023-2030)
11.3.3 Europe Solar Trackers Revenue (USD Million), by Applications (2023-2030)
11.4 Asia Pacific Solar Trackers Revenue (USD Million) by Type, and Applications (2023-2030)
11.4.1 Asia Pacific Solar Trackers Revenue (USD Million), by Country (2023-2030)
11.4.2 Asia Pacific Solar Trackers Revenue (USD Million), by Type (2023-2030)
11.4.3 Asia Pacific Solar Trackers Revenue (USD Million), by Applications (2023-2030)
11.5 South America Solar Trackers Revenue (USD Million), by Type, and Applications (2023-2030)
11.5.1 South America Solar Trackers Revenue (USD Million), by Country (2023-2030)
11.5.2 South America Solar Trackers Revenue (USD Million), by Type (2023-2030)
11.5.3 South America Solar Trackers Revenue (USD Million), by Applications (2023-2030)
11.6 Middle East and Africa Solar Trackers Revenue (USD Million), by Type, and Applications (2023-2030)
11.6.1 Middle East and Africa Solar Trackers Revenue (USD Million), by Region (2023-2030)
11.6.2 Middle East and Africa Solar Trackers Revenue (USD Million), by Type (2023-2030)
11.6.3 Middle East and Africa Solar Trackers Revenue (USD Million), by Applications (2023-2030)
12 Methodology and Data Sources
12.1 Methodology/Research Approach
12.1.1 Research Programs/Design
12.1.2 Market Size Estimation
12.1.3 Market Breakdown and Data Triangulation
12.2 Data Sources
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Disclaimer
List of Tables
Table 1 Market Segmentation Analysis
Table 2 Global Solar Trackers Market Companies with Areas Served
Table 3 Products Offerings Global Solar Trackers Market
Table 4 Low Growth Scenario Forecasts
Table 5 Reference Case Growth Scenario
Table 6 High Growth Case Scenario
Table 7 Global Solar Trackers Revenue (USD Million) And CAGR (%) By Type (2018-2030)
Table 8 Global Solar Trackers Revenue (USD Million) And CAGR (%) By Applications (2018-2030)
Table 9 Global Solar Trackers Revenue (USD Million) And CAGR (%) By Regions (2018-2030)
Table 10 Global Solar Trackers Revenue (USD Million) By Type (2018-2022)
Table 11 Global Solar Trackers Revenue Market Share (%) By Type (2018-2022)
Table 12 Global Solar Trackers Revenue (USD Million) By Applications (2018-2022)
Table 13 Global Solar Trackers Revenue Market Share (%) By Applications (2018-2022)
Table 14 Global Solar Trackers Market Revenue (USD Million) By Regions (2018-2022)
Table 15 Global Solar Trackers Market Share (%) By Regions (2018-2022)
Table 16 North America Solar Trackers Revenue (USD Million) By Country (2018-2022)
Table 17 North America Solar Trackers Revenue (USD Million) By Type (2018-2022)
Table 18 North America Solar Trackers Revenue (USD Million) By Applications (2018-2022)
Table 19 Europe Solar Trackers Revenue (USD Million) By Country (2018-2022)
Table 20 Europe Solar Trackers Revenue (USD Million) By Type (2018-2022)
Table 21 Europe Solar Trackers Revenue (USD Million) By Applications (2018-2022)
Table 22 Asia Pacific Solar Trackers Revenue (USD Million) By Country (2018-2022)
Table 23 Asia Pacific Solar Trackers Revenue (USD Million) By Type (2018-2022)
Table 24 Asia Pacific Solar Trackers Revenue (USD Million) By Applications (2018-2022)
Table 25 South America Solar Trackers Revenue (USD Million) By Country (2018-2022)
Table 26 South America Solar Trackers Revenue (USD Million) By Type (2018-2022)
Table 27 South America Solar Trackers Revenue (USD Million) By Applications (2018-2022)
Table 28 Middle East and Africa Solar Trackers Revenue (USD Million) By Region (2018-2022)
Table 29 Middle East and Africa Solar Trackers Revenue (USD Million) By Type (2018-2022)
Table 30 Middle East and Africa Solar Trackers Revenue (USD Million) By Applications (2018-2022)
Table 31 Financial Analysis
Table 32 Global Solar Trackers Revenue (USD Million) By Type (2023-2030)
Table 33 Global Solar Trackers Revenue Market Share (%) By Type (2023-2030)
Table 34 Global Solar Trackers Revenue (USD Million) By Applications (2023-2030)
Table 35 Global Solar Trackers Revenue Market Share (%) By Applications (2023-2030)
Table 36 Global Solar Trackers Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)
Table 37 North America Solar Trackers Revenue (USD)By Country (2023-2030)
Table 38 North America Solar Trackers Revenue (USD Million) By Type (2023-2030)
Table 39 North America Solar Trackers Revenue (USD Million) By Applications (2023-2030)
Table 40 Europe Solar Trackers Revenue (USD Million) By Country (2023-2030)
Table 41 Europe Solar Trackers Revenue (USD Million) By Type (2023-2030)
Table 42 Europe Solar Trackers Revenue (USD Million) By Applications (2023-2030)
Table 43 Asia Pacific Solar Trackers Revenue (USD Million) By Country (2023-2030)
Table 44 Asia Pacific Solar Trackers Revenue (USD Million) By Type (2023-2030)
Table 45 Asia Pacific Solar Trackers Revenue (USD Million) By Applications (2023-2030)
Table 46 South America Solar Trackers Revenue (USD Million) By Country (2023-2030)
Table 47 South America Solar Trackers Revenue (USD Million) By Type (2023-2030)
Table 48 South America Solar Trackers Revenue (USD Million) By Applications (2023-2030)
Table 49 Middle East and Africa Solar Trackers Revenue (USD Million) By Region (2023-2030)
Table 50 Middle East and Africa Solar Trackers Revenue (USD Million) By Region (2023-2030)
Table 51 Middle East and Africa Solar Trackers Revenue (USD Million) By Type (2023-2030)
Table 52 Middle East and Africa Solar Trackers Revenue (USD Million) By Applications (2023-2030)
Table 53 Research Programs/Design for This Report
Table 54 Key Data Information from Secondary Sources
Table 55 Key Data Information from Primary Sources
List of Figures
Figure 1 Market Scope
Figure 2 Porter’s Five Forces
Figure 3 Global Solar Trackers Revenue (USD Million) By Type (2018-2022)
Figure 4 Global Solar Trackers Revenue Market Share (%) By Type (2022)
Figure 5 Global Solar Trackers Revenue (USD Million) By Applications (2018-2022)
Figure 6 Global Solar Trackers Revenue Market Share (%) By Applications (2022)
Figure 7 Global Solar Trackers Market Revenue (USD Million) By Regions (2018-2022)
Figure 8 Global Solar Trackers Market Share (%) By Regions (2022)
Figure 9 North America Solar Trackers Revenue (USD Million) By Country (2018-2022)
Figure 10 North America Solar Trackers Revenue (USD Million) By Type (2018-2022)
Figure 11 North America Solar Trackers Revenue (USD Million) By Applications (2018-2022)
Figure 12 Europe Solar Trackers Revenue (USD Million) By Country (2018-2022)
Figure 13 Europe Solar Trackers Revenue (USD Million) By Type (2018-2022)
Figure 14 Europe Solar Trackers Revenue (USD Million) By Applications (2018-2022)
Figure 15 Asia Pacific Solar Trackers Revenue (USD Million) By Country (2018-2022)
Figure 16 Asia Pacific Solar Trackers Revenue (USD Million) By Type (2018-2022)
Figure 17 Asia Pacific Solar Trackers Revenue (USD Million) By Applications (2018-2022)
Figure 18 South America Solar Trackers Revenue (USD Million) By Country (2018-2022)
Figure 19 South America Solar Trackers Revenue (USD Million) By Type (2018-2022)
Figure 20 South America Solar Trackers Revenue (USD Million) By Applications (2018-2022)
Figure 21 Middle East and Africa Solar Trackers Revenue (USD Million) By Region (2018-2022)
Figure 22 Middle East and Africa Solar Trackers Revenue (USD Million) By Type (2018-2022)
Figure 23 Middle East and Africa Solar Trackers Revenue (USD Million) By Applications (2018-2022)
Figure 24 Global Solar Trackers Revenue (USD Million) By Type (2023-2030)
Figure 25 Global Solar Trackers Revenue Market Share (%) By Type (2030)
Figure 26 Global Solar Trackers Revenue (USD Million) By Applications (2023-2030)
Figure 27 Global Solar Trackers Revenue Market Share (%) By Applications (2030)
Figure 28 Global Solar Trackers Market Revenue (USD Million) By Regions (2023-2030)
Figure 29 North America Solar Trackers Revenue (USD Million) By Country (2023-2030)
Figure 30 North America Solar Trackers Revenue (USD Million) By Type (2023-2030)
Figure 31 North America Solar Trackers Revenue (USD Million) By Applications (2023-2030)
Figure 32 Europe Solar Trackers Revenue (USD Million) By Country (2023-2030)
Figure 33 Europe Solar Trackers Revenue (USD Million) By Type (2023-2030)
Figure 34 Europe Solar Trackers Revenue (USD Million) By Applications (2023-2030)
Figure 35 Asia Pacific Solar Trackers Revenue (USD Million) By Country (2023-2030)
Figure 36 Asia Pacific Solar Trackers Revenue (USD Million) By Type (2023-2030)
Figure 37 Asia Pacific Solar Trackers Revenue (USD Million) By Applications (2023-2030)
Figure 38 South America Solar Trackers Revenue (USD Million) By Country (2023-2030)
Figure 39 South America Solar Trackers Revenue (USD Million) By Type (2023-2030)
Figure 40 South America Solar Trackers Revenue (USD Million) By Applications (2023-2030)
Figure 41 Middle East and Africa Solar Trackers Revenue (USD Million) By Region (2023-2030)
Figure 42 Middle East and Africa Solar Trackers Revenue (USD Million) By Region (2023-2030)
Figure 43 Middle East and Africa Solar Trackers Revenue (USD Million) By Type (2023-2030)
Figure 44 Middle East and Africa Solar Trackers Revenue (USD Million) By Applications (2023-2030)
Figure 45 Bottom-Up and Top-Down Approaches For This Report
Figure 46 Data Triangulation
By Technology
By Type
By Application
By Region
The Global Solar Trackers Market Size is estimated at $6.2 Billion in 2025 and is forecast to register an annual growth rate (CAGR) of 24.5% to reach $44.6 Billion by 2034.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Abengoa Solar S.A., All Earth Renewables, Arctech Solar Holdings Co Ltd, Array Technologies Inc, DCE Solar, DEGERenergie GmbH & Co. KG, Ideematec Deutschland GmbH, Meca Solar, NCLAVE Renewable, S.L., Next Tracker Inc, Power Way Renewable Energy Co. Ltd., Solar Flex rack, Soltec Tracker, SunPower Corp, Titan Tracker, Trina Solar Ltd, and Others.
Base Year- 2024; Estimated Year- 2025; Historic Period- 2019-2024; Forecast period- 2025 to 2034; Currency: Revenue (USD); Volume